New York Assembly Passes Vacant Home Maintenance Bill

National Mortgage News, June 3, 2016–Passy, Jacob

The bill, titled the New York State Abandoned Property Relief Act of 2016, passed on a 116-22 vote May 24. “Lenders doing business in the state of New York should be very concerned about this legislation,” said Zahras Jafri, president of the Empire State Mortgage Bankers Association.

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